LHX vs UUU: Correlation
Measured on weekly returns over the past three years, L3Harris (LHX) and Universal Safety Products, Inc. (UUU) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LHX and UUU?
On 3 years of weekly data the LHX/UUU correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.20 lands near the 3-year figure. The 5-year figure is -0.06, and annualized covariance runs at -561.0 %².
Out of 30 assets tracked against LHX, UUU lands near the bottom at #26. Their recent paths diverged sharply: over the last 12 months UUU outperformed by 87.9 percentage points (-3.8% for LHX against +84.1% for UUU). Risk is not evenly split, since UUU carries 5.3 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
LHX vs UUU: side by side
| LHX (L3Harris) | UUU (Universal Safety Products, Inc.) | |
|---|---|---|
| 1-year return | -3.8% | +84.1% |
| 5-year return | +24.4% | +5.9% |
| Volatility (ann.) | 23.0% | 122.8% |
| Beta vs S&P 500 | 0.51 | -0.54 |
| Max drawdown (3Y) | -30.3% | -77.3% |
| Market cap | $48.8B | – |
| P/E (trailing) | 26.6 | – |
| Dividend yield | 1.09% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | LHX | UUU |
|---|---|---|
| 2022 | -0.5% | -40.3% |
| 2023 | +3.7% | -18.2% |
| 2024 | +1.9% | +42.8% |
| 2025 | +42.3% | +158.6% |
| 2026 | -10.1% | +2.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LHX and UUU good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LHX and UUU?
The LHX/UUU correlation stands at -0.20 on a 3-year window (1 year: -0.20, 5 years: -0.06), computed from weekly returns as of 2026-08-27.
Is UUU a good diversifier for LHX?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lhx-vs-uuu.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lhx-vs-uuu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LHX correlations · UUU correlations
